When one of the signatories to Power of Attorney dies
What happens to the nature and status of Power of Attorney when one of the signatories to the POA issued to a builder ,dies? Revocation of POA?
Asked in Property Law from Kolkata, West Bengal
As soon as principal dies, the Power of attorney loses its effect.
it is necessary to go through the clauses of POA . generally on death of principal POA ceases to be in force .
Hi, as our brother advocate rightly said once principal dies, the power of attorney also gone.
On the demise of principal the POA ceases to exist, subject only to the clauses of the POA.